Expectations of higher exports despite lower production

Despite very high beef output during the first quarter, market analysts continue to foresee a reversal of the cattle cycle in Brazil, which will push slaughter and production down over the coming months of 2025. Consultancy Agrifatto projects 2025 beef production at 10.12 million tons, 1% less than in 2024, reflecting a 0.9% drop in slaughter to 38.83 million head.